Until September, Marcel Rohner will continue to serve as Chairman of the Swiss Bankers Association. Thereafter, the former UBS CEO is expected to have somewhat more time on his hands.

His decision to join Titanbay is described as the clearest indication yet of where the centre of gravity in private markets is shifting, according to a statement released on Tuesday. Everything that the industry still handles manually or assembles through a range of service providers is managed by Titanbay through its proprietary infrastructure platform.

«Marcel Rohner is one of the most respected figures in European wealth management, and there are very few people in our industry whose judgement carries greater weight,» said Michael Gruener, Co-Chief Executive Officer of Titanbay. «His leadership at UBS, his long-standing role on the Board of Directors of UBP, and the five years during which he helped shape Swiss banking through the Swiss Bankers Association have given him a perspective on this industry that few others possess. We are delighted to welcome him to the Board.»

Marcel Rohner commented: «Private markets are becoming a core allocation for European wealth management clients, yet the industry’s infrastructure has not kept pace. I look forward to working with the Board as the company enters its next chapter.»